BA case: APS trustees used increases as a threat to get additional funding

clock • 3 min read

Airways Pension Scheme (APS) trustees used the threat of discretionary increases to try to get British Airways (BA) to maintain a funding schedule and recovery plan based on the Retail Price Index (RPI), the High Court has heard.

The argument was made during a landmark trial where BA is contesting the APS trustees' decision to award a 0.2% increase - above the Consumer Price Index - to members in the 2013/14 financial year....

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